##### Table of Contents



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-Q
 þ
    
    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the quarterly period ended: March 31, 2010
 OR
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 Commission file number: 0-21714
 CSB Bancorp, Inc.
  Ohio
    
    34-1687530(State or other jurisdiction of
    
    (I.R.S. Employer Identification Number)incorporation or organization)
 91 North Clay, P.O. Box 232, Millersburg, Ohio 44654
 (Registrants telephone number)
  þ o
  o o
  Large accelerated filer o
    
    Accelerated filer o
    
    Non-accelerated filer o
    
    Smaller reporting company þ(Do not check if a smaller reporting company)
  o þ
 Indicate the number of shares outstanding of the registrants common stock, as of the latest practicable date.Common stock, $6.25 par value
    
    Outstanding at May 14, 2010:2,734,799 common shares




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##### 



PagePart I  Financial InformationITEM 1  FINANCIAL STATEMENTS (Unaudited)Consolidated Balance Sheets
    
    
    3Consolidated Statements of Income
    
    
    4Consolidated Statements of Changes in Shareholders Equity
    
    
    5Condensed Consolidated Statements of Cash Flows
    
    
    6Notes to the Consolidated Financial Statements
    
    
    7ITEM 2  MANAGEMENTS DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS
    
    
    15ITEM 3  QUANTITATIVE AND QUALITATIVE DISCLOSURES
ABOUT MARKET RISK
    
    
    19ITEM 4T  CONTROLS AND PROCEDURES
    
    
    20Part II  Other InformationITEM 1   Legal Proceedings
    
    
    211A  Risk Factors
    
    
    212  Unregistered Sales of Equity Securities and Use of Proceeds
    
    
    213  Defaults upon Senior Securities
    
    
    214  Reserved
    
    
    215  Other Information
    
    
    216  Exhibits
    
    
    22Signatures
    
    
    23EX-11EX-31.1EX-31.2EX-32.1EX-32.2




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March 31,
    
    
    December 31,(dollars in thousands, except per share data)
    
    2010
    
    
    2009ASSETSCash and due from bank
    
    $
    7,538
    
    
    $
    8,803Interest-earning deposits in other banks
    
    
    29,144
    
    
    
    33,858Total cash and cash equivalents
    
    
    36,682
    
    
    
    42,661Securities available-for-sale, at fair value
    
    
    68,264
    
    
    
    75,158Restricted stock, at cost
    
    
    5,463
    
    
    
    5,463Total securities
    
    
    73,727
    
    
    
    80,621Loan held for sale
    
    
    670
    
    
    
    340Loans
    
    
    310,899
    
    
    
    313,482Less allowance for loan losses
    
    
    4,356
    
    
    
    4,059Net loans
    
    
    306,543
    
    
    
    309,423Premises and equipment, net
    
    
    8,224
    
    
    
    8,354Bank owned life insurance
    
    
    2,880
    
    
    
    2,854Core deposit intangible
    
    
    453
    
    
    
    469Goodwill
    
    
    1,725
    
    
    
    1,725Accrued interest receivable and other assets
    
    
    4,718
    
    
    
    4,219Total Assets
    
    $
    435,622
    
    
    $
    450,666LIABILITIESDepositsNoninterest-bearing
    
    $
    52,607
    
    
    $
    53,974Interest-bearing
    
    
    273,597
    
    
    
    275,512Total deposits
    
    
    326,204
    
    
    
    329,486Short-term borrowings
    
    
    29,621
    
    
    
    28,764Other borrowings
    
    
    32,210
    
    
    
    45,010Accrued interest payable and other liabilities
    
    
    1,416
    
    
    
    1,584Total liabilities
    
    
    389,451
    
    
    
    404,844SHAREHOLDERS EQUITYCommon stock, $6.25 par value: Authorized 9,000,000 shares;
issued 2,980,602 shares
    
    
    18,629
    
    
    
    18,629Additional paid-in capital
    
    
    9,994
    
    
    
    9,994Retained earnings
    
    
    21,391
    
    
    
    21,146Treasury stock at cost: 245,803 shares
    
    
    (5,015
    )
    
    
    (5,015
    )Accumulated other comprehensive income
    
    
    1,172
    
    
    
    1,068Total shareholders equity
    
    
    46,171
    
    
    
    45,822Total Liabilities and Shareholders Equity
    
    $
    435,622
    
    
    $
    450,666
  3




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Three Months EndedMarch 31,(dollars in thousands, except per share data)
    
    2010
    
    
    2009Interest incomeLoans, including fees
    
    $
    4,302
    
    
    $
    4,621Taxable securities
    
    
    751
    
    
    
    888Nontaxable securities
    
    
    84
    
    
    
    68Other
    
    
    19
    
    
    
    3Total interest income
    
    
    5,156
    
    
    
    5,580Interest expenseDeposits
    
    
    876
    
    
    
    1,163Other
    
    
    399
    
    
    
    523Total interest expense
    
    
    1,275
    
    
    
    1,686Net interest income
    
    
    3,881
    
    
    
    3,894Provision for loan losses
    
    
    519
    
    
    
    241Net interest income after provision
for loan losses
    
    
    3,362
    
    
    
    3,653Non-interest incomeService charges on deposit accounts
    
    
    269
    
    
    
    293Trust and financial services
    
    
    142
    
    
    
    115Debit card interchange fees
    
    
    108
    
    
    
    85Credit card fee income
    
    
    22
    
    
    
    16Gain on sale of loans
    
    
    46
    
    
    
    68Security gains
    
    
    
    
    
    
    116Other income
    
    
    144
    
    
    
    103Total non-interest income
    
    
    731
    
    
    
    796Non-interest expensesSalaries and employee benefits
    
    
    1,604
    
    
    
    1,708Occupancy expense
    
    
    220
    
    
    
    243Equipment expense
    
    
    126
    
    
    
    134State franchise tax
    
    
    135
    
    
    
    110Professional and director fees
    
    
    154
    
    
    
    144Amortization of intangible assets
    
    
    16
    
    
    
    16Other expenses
    
    
    786
    
    
    
    774Total non-interest expenses
    
    
    3,041
    
    
    
    3,129Income before income taxes
    
    
    1,052
    
    
    
    1,320Federal income tax provision
    
    
    315
    
    
    
    424Net income
    
    $
    737
    
    
    $
    896Basic and diluted earnings per share
    
    $
    0.27
    
    
    $
    0.33
  4




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Three Months EndedMarch 31,(dollars in thousands, except per share data)
    
    2010
    
    
    2009Balance at beginning of period
    
    $
    45,822
    
    
    $
    43,468Comprehensive income:Net income
    
    
    737
    
    
    
    896Change in net unrealized
gain, net of reclassification
adjustments and related
income taxes of $54
and $267, respectively
    
    
    104
    
    
    
    518Total comprehensive income
    
    
    841
    
    
    
    1,414Stock-based compensation expense
    
    
    
    
    
    
    2Cash dividends declared
($0.18 per share in
2010 and 2009)
    
    
    (492
    )
    
    
    (492
    )Balance at end of period
    
    $
    46,171
    
    
    $
    44,392
  5




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Three Months EndedMarch 31,(dollars in thousands, except per share data)
    
    2010
    
    
    2009Net cash from operating activities
    
    $
    (113
    )
    
    $
    1,533Cash flows from investing activitiesSecurities available-for-sale:Proceeds from maturities, calls and repayments
    
    
    13,560
    
    
    
    11,307Purchases
    
    
    (6,551
    )
    
    
    (337
    )Proceeds from sale of securities
    
    
    
    
    
    
    1,292Proceeds from sale of other real estate
    
    
    215
    
    
    
    25Loan originations, net of repayments
    
    
    2,044
    
    
    
    (3,379
    )Premises and equipment expenditures, net
    
    
    (7
    )
    
    
    (66
    )Net cash provided by investing activities
    
    
    9,261
    
    
    
    8,842Cash flows from financing activitiesNet change in deposits
    
    
    (3,256
    )
    
    
    (791
    )Net change in short-term borrowings
    
    
    857
    
    
    
    (2,475
    )Repayment of other borrowings
    
    
    (12,728
    )
    
    
    (304
    )Net cash used for financing activities
    
    
    (15,127
    )
    
    
    (3,570
    )Net change in cash and cash equivalents
    
    
    (5,979
    )
    
    
    6,805Cash and cash equivalents at beginning of period
    
    
    42,661
    
    
    
    12,746Cash and cash equivalents at end of period
    
    $
    36,682
    
    
    $
    19,551Supplemental disclosuresInterest paid
    
    $
    1,403
    
    
    $
    1,879Income taxes paid
    
    
    250
    
    
    
    50
  6




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NOTE 1  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
    RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS
    7




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Fair Value Measurements and Disclosures (Topic
820): Improving Disclosures about Fair Value Measurements
 Compensation  Stock Compensation (Topic 718): Effect
of Denominating the Exercise Price of a Share-Based Payment Award in the Currency of the Market in
Which the Underlying Equity Security Trades
 8




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NOTE 2  SECURITIES
  Gross
    
    
    GrossMarch 31, 2010
    
    Amortized
    
    
    unrealized
    
    
    unrealized
    
    
    Fair(dollars in thousands)
    
    Cost
    
    
    gains
    
    
    losses
    
    
    ValueAvailable-for-sale:U.S. Treasury security
    
    $
    100
    
    
    $
    
    
    
    $
    
    
    
    $
    100Obligations of U.S.
government
corporations and agencies
    
    
    9,148
    
    
    
    2
    
    
    
    25
    
    
    
    9,125Mortgage-backed securities
    
    
    47,534
    
    
    
    1,848
    
    
    
    180
    
    
    
    49,202Obligations of states and
political subdivisions
    
    
    9,638
    
    
    
    155
    
    
    
    11
    
    
    
    9,782Total debt securities
    
    
    66,420
    
    
    
    2,005
    
    
    
    216
    
    
    
    68,209Equity Securities
    
    
    69
    
    
    
    1
    
    
    
    15
    
    
    
    55Total available-for-sale
    
    
    66,489
    
    
    
    2,006
    
    
    
    231
    
    
    
    68,264Restricted stock
    
    
    5,463
    
    
    
    
    
    
    
    
    
    
    
    5,463Total securities
    
    $
    71,952
    
    
    $
    2,006
    
    
    $
    231
    
    
    $
    73,727
 Gross
    
    
    GrossDecember 31, 2009
    
    Amortized
    
    
    unrealized
    
    
    unrealized
    
    
    Fair(dollars in thousands)
    
    Cost
    
    
    gains
    
    
    losses
    
    
    ValueAvailable-for-sale:U.S. Treasury security
    
    $
    100
    
    
    $
    
    
    
    $
    
    
    
    $
    100Obligations of U.S.
government
corporations and agencies
    
    
    14,164
    
    
    
    11
    
    
    
    142
    
    
    
    14,033Mortgage-backed securities
    
    
    49,706
    
    
    
    1,828
    
    
    
    176
    
    
    
    51,358Obligations of states and
political subdivisions
    
    
    9,505
    
    
    
    131
    
    
    
    22
    
    
    
    9,614Total debt securities
    
    
    73,475
    
    
    
    1,970
    
    
    
    340
    
    
    
    75,105Equity Securities
    
    
    65
    
    
    
    
    
    
    
    12
    
    
    
    53Total available-for-sale
    
    
    73,540
    
    
    
    1,970
    
    
    
    352
    
    
    
    75,158Restricted stock
    
    
    5,463
    
    
    
    
    
    
    
    
    
    
    
    5,463Total securities
    
    $
    79,003
    
    
    $
    1,970
    
    
    $
    352
    
    
    $
    80,621
  Available-for-sale
    
    Amortized Cost
    
    
    Fair ValueDue in one year or less
    
    $
    2,285
    
    
    $
    2,292Due after one through five years
    
    
    4,432
    
    
    
    4,494Due after five years through ten years
    
    
    15,943
    
    
    
    16,115Due after ten years
    
    
    43,760
    
    
    
    45,308Total debt securities available-for-sale
    
    $
    66,420
    
    
    $
    68,209
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NOTE 2  SECURITIES (continued)
 Realized Gains and Losses
  Three months endedMarch 31,(dollars in thousands)
    
    2010
    
    
    2009Proceeds
    
    $
    
    
    
    $
    1,292Realized gains
    
    $
    
    
    
    $
    199Realized losses
    
    
    
    
    
    
    48Impairment losses
    
    
    
    
    
    
    35Net securities gains
    
    $
    
    
    
    $
    116
   Securities in a Continuous Unrealized Loss PositionLess than 12 Months
    
    
    12 Months or More
    
    
    TotalGross
    
    
    
    
    
    
    Gross
    
    
    
    
    
    
    Gross(dollars in thousands)
    
    Unrealized
    
    
    Fair
    
    
    Unrealized
    
    
    Fair
    
    
    Unrealized
    
    
    FairMarch 31, 2010
    
    Losses
    
    
    Value
    
    
    Losses
    
    
    Value
    
    
    Losses
    
    
    ValueObligations of U.S.
Corporations
and Agencies
    
    $
    25
    
    
    $
    3,973
    
    
    $
    
    
    
    $
    
    
    
    $
    25
    
    
    $
    3,973Mortgage-backed securities
    
    
    47
    
    
    
    1,916
    
    
    
    133
    
    
    
    1,636
    
    
    
    180
    
    
    
    3,552Obligations of state &
political subdivisions
    
    
    11
    
    
    
    1,850
    
    
    
    
    
    
    
    
    
    
    
    11
    
    
    
    1,850Total debt securities
    
    
    83
    
    
    
    7,739
    
    
    
    133
    
    
    
    1,636
    
    
    
    216
    
    
    
    9,375Equity securities
    
    
    
    
    
    
    
    
    
    
    15
    
    
    
    38
    
    
    
    15
    
    
    
    38Total temporarily
impaired securities
    
    $
    83
    
    
    $
    7,739
    
    
    $
    148
    
    
    $
    1,674
    
    
    $
    231
    
    
    $
    9,413
 10




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NOTE 2  SECURITIES
 Securities in a Continuous Unrealized Loss PositionLess than 12 Months
    
    
    12 Months or More
    
    
    TotalGross
    
    
    
    
    
    
    Gross
    
    
    
    
    
    
    Gross(dollars in thousands)
    
    Unrealized
    
    
    Fair
    
    
    Unrealized
    
    
    Fair
    
    
    Unrealized
    
    
    FairDecember 31, 2009
    
    Losses
    
    
    Value
    
    
    Losses
    
    
    Value
    
    
    Losses
    
    
    ValueObligations of U.S.
Corporations
and Agencies
    
    $
    142
    
    
    $
    10,008
    
    
    $
    
    
    
    $
    
    
    
    $
    142
    
    
    $
    10,008Mortgage-backed
securities
    
    
    6
    
    
    
    49
    
    
    
    170
    
    
    
    2,107
    
    
    
    176
    
    
    
    2,156Obligations of state &
political subdivisions
    
    
    22
    
    
    
    3,033
    
    
    
    
    
    
    
    
    
    
    
    22
    
    
    
    3,033Total debt securities
    
    
    170
    
    
    
    13,090
    
    
    
    170
    
    
    
    2,107
    
    
    
    340
    
    
    
    15,197Equity securities
    
    
    
    
    
    
    
    
    
    
    12
    
    
    
    41
    
    
    
    12
    
    
    
    41Total temporarily
impaired securities
    
    $
    170
    
    
    $
    13,090
    
    
    $
    182
    
    
    $
    2,148
    
    
    $
    352
    
    
    $
    15,238
  NOTE 3  FAIR VALUE MEASUREMENTS
  Level I:
    
    Inputs to the valuation methodology are unadjusted quoted
prices for identical assets or liabilities in active markets
that the Company has the ability to access.Level II:
    
    Inputs to the valuation methodology include quoted prices for
similar assets or liabilities in active markets; quoted prices
for identical or similar assets or liabilities in inactive
markets; inputs other than quoted prices that are observable
for the asset or liability; inputs that are derived principally
from or corroborated by observable market data by corroborated
or other means. If the asset or liability has a specified
(contractual) term, the Level II input must be observable for
substantially the full term of the asset or liability.Level III:
    
    Inputs to the valuation methodology are unobservable and
significant to the fair value measurement.
  11




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NOTE 3- FAIR VALUE MEASUREMENTS
  (dollars in thousands)
    
    Level I
    
    
    Level II
    
    
    Level III
    
    
    TotalMarch 31, 2010Assets:Securities available-for-saleU.S. Treasury security
    
    $
    100
    
    
    $
    
    
    
    $
    
    
    
    $
    100Obligations of U.S. government
corporations and agencies
    
    
    
    
    
    
    9,125
    
    
    
    
    
    
    
    9,125Mortgage-backed securities
    
    
    
    
    
    
    49,202
    
    
    
    
    
    
    
    49,202Obligations of states and
political subdivisions
    
    
    
    
    
    
    9,782
    
    
    
    
    
    
    
    9,782Total debt securities
    
    
    100
    
    
    
    68,109
    
    
    
    
    
    
    
    68,209Equity Securities
    
    
    55
    
    
    
    
    
    
    
    
    
    
    
    55Total available-for-sale securities
    
    $
    155
    
    
    $
    68,109
    
    
    $
    
    
    
    $
    68,264December 31, 2009Securities available-for-saleU.S. Treasury security
    
    $
    100
    
    
    $
    
    
    
    $
    
    
    
    $
    100Obligations of U.S. government
corporations and agencies
    
    
    
    
    
    
    14,033
    
    
    
    
    
    
    
    14,033Mortgage-backed securities
    
    
    
    
    
    
    51,358
    
    
    
    
    
    
    
    51,358Obligations of states and
political subdivisions
    
    
    
    
    
    
    9,614
    
    
    
    
    
    
    
    9,614Total debt securities
    
    
    100
    
    
    
    75,005
    
    
    
    
    
    
    
    75,105Equity Securities
    
    
    53
    
    
    
    
    
    
    
    
    
    
    
    53Total available-for-sale securities
    
    $
    153
    
    
    $
    75,005
    
    
    $
    
    
    
    $
    75,158
  12




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NOTE 3- FAIR VALUE MEASUREMENTS
 (dollars in thousands)
    
    Level I
    
    Level II
    
    Level III
    
    TotalAssets Measured on a Nonrecurring Basis:
    
    March 31, 2010Impaired loans
    
    $
    
    
    
    $
    2,916
    
    
    $
    
    
    
    $
    2,916Other real estate owned
    
    
    
    
    
    
    271
    
    
    
    
    
    
    
    271Premises
    
    
    
    
    
    
    173
    
    
    
    
    
    
    
    173Mortgage servicing rights
    
    
    
    
    
    
    
    
    
    
    144
    
    
    
    144December 31, 2009Impaired loans
    
    $
    
    
    
    $
    1,736
    
    
    $
    
    
    
    $
    1,736Other real estate owned
    
    
    
    
    
    
    162
    
    
    
    
    
    
    
    162Premises
    
    
    
    
    
    
    181
    
    
    
    
    
    
    
    181Mortgage servicing rights
    
    
    
    
    
    
    
    
    
    
    138
    
    
    
    138
 NOTE 4  FAIR VALUES OF FINANCIAL INSTRUMENTS
  2010
    
    2009Carrying
    
    Fair
    
    Carrying
    
    Fair(Dollars in thousands)
    
    value
    
    value
    
    value
    
    valueFinancial assets:Cash and cash equivalents
    
    $
    36,682
    
    
    $
    36,682
    
    
    $
    42,661
    
    
    $
    42,661Securities
    
    
    73,727
    
    
    
    73,727
    
    
    
    80,621
    
    
    
    80,621Loans, net
    
    
    306,543
    
    
    
    311,577
    
    
    
    309,423
    
    
    
    313,993Accrued Interest Receivable
    
    
    1,340
    
    
    
    1,340
    
    
    
    1,315
    
    
    
    1,315Financial liabilities:Deposits
    
    $
    326,204
    
    
    $
    327,568
    
    
    $
    329,486
    
    
    $
    331,511Short-term borrowings
    
    
    29,621
    
    
    
    29,621
    
    
    
    28,764
    
    
    
    28,764Other borrowings
    
    
    32,210
    
    
    
    33,222
    
    
    
    45,010
    
    
    
    46,535Accrued Interest Payable
    
    
    292
    
    
    
    292
    
    
    
    322
    
    
    
    322
  Cash and cash equivalents; Accrued interest receivable; Short term borrowings, Accrued interest
payable
  Securities
  13




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##### Table of Contents



NOTE 4  FAIR VALUES OF FINANCIAL INSTRUMENTS
 Loans, net
  Deposits and Other Borrowed Funds
    14




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##### Table of Contents



ITEM 2   MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  FORWARD-LOOKING STATEMENTS
   FINANCIAL CONDITION
   15




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##### Table of Contents



(dollars in thousands)
    
    March 31, 2010
    
    
    December 31, 2009
    
    
    March 31, 2009Non-performing loans
    
    $
    6,221
    
    
    $
    4,141
    
    
    $
    4,123Other real estate
    
    
    251
    
    
    
    162
    
    
    
    59Allowance for loan losses
    
    
    4,356
    
    
    
    4,059
    
    
    
    3,402Total loans
    
    
    310,899
    
    
    
    313,482
    
    
    
    319,425Allowance: loans
    
    
    1.40
    %
    
    
    1.29
    %
    
    
    1.07
    %Allowance: non-performing
loans
    
    
    0.7
    x
    
    
    1.0
    x
    
    
    0.8
    x
     16




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##### Table of Contents



RESULTS OF OPERATIONS
 Three months ended March 31, 2010 and 2009
     17




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##### Table of Contents



CAPITAL RESOURCES
  LIQUIDITY
  OFF-BALANCE SHEET ARRANGEMENTS
  18




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##### Table of Contents



ITEM 3 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
   March 31, 2010
 Changes inInterest Rates
    
    Net Interest
    
    Dollar
    
    Percentage(basis points)
    
    Income
    
    Change
    
    Change(Dollars in Thousands)+200
    
    
    16,347
    
    
    $
    468
    
    
    
    2.9
    %+100
    
    
    15,941
    
    
    
    62
    
    
    
    0.40
    
    
    15,879
    
    
    
    0
    
    
    
    0.0-100
    
    
    N/A
    
    
    
    N/A
    
    
    
    N/A-200
    
    
    N/A
    
    
    
    N/A
    
    
    
    N/A
 December 31, 2009
 Changes inInterest Rates
    
    Net Interest
    
    Dollar
    
    Percentage(basis points)
    
    Income
    
    Change
    
    Change(Dollars in Thousands)+200
    
    $
    17,287
    
    
    $
    849
    
    
    
    5.2
    %+100
    
    
    16,739
    
    
    
    301
    
    
    
    1.80
    
    
    16,438
    
    
    
    0
    
    
    
    0.0-100
    
    
    N/A
    
    
    
    N/A
    
    
    
    N/A-200
    
    
    N/A
    
    
    
    N/A
    
    
    
    N/A
 19




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##### Table of Contents



ITEM 4T   CONTROLS AND PROCEDURES
     CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING
  20




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##### Table of Contents



ITEM 1   LEGAL PROCEEDINGS
  
 ITEM 1A   RISK FACTORS
  
 ITEM 2   UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
  Issuer Purchase of Equity Securities
 MaximumTotal Number of
    
    
    Number of SharesTotal Number
    
    
    Average
    
    
    Shares Purchased
    
    
    that May Yet beof Shares
    
    
    Price Paid
    
    
    as Part of Publicly
    
    
    Purchased UnderPeriod
    
    Purchased
    
    
    Per Share
    
    
    Announced Plans
    
    
    the PlanJanuary 1, 2010 to
January 31, 2010
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    41,471February 1, 2010 to
February 28, 2010
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    41,471March 1, 2010 to
March 31, 2010
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    41,471
  
 Item 3   Defaults Upon Senior Securities:
  
 Item 4  Reserved
 
 Item 5   Other Information:
  21




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##### Table of Contents



Item 6   Exhibits:
 ExhibitNumber
    
    Description of Document3.1
    
    Amended Articles of Incorporation of CSB Bancorp, Inc.
(incorporated by reference to Registrants Form 10-KSB for the Fiscal Year
ended December 31, 1994).3.1.1
    
    Amended form of Article Fourth of Amended Articles of
Incorporation, as effective April 9, 1998 (incorporated by reference to
Registrants Form 10-K for the Fiscal Year ended December 31, 1998).3.2
    
    Code of Regulations of CSB Bancorp, Inc. (incorporated by
reference to Registrants Form 10-SB).3.2.1
    
    Amended Article VIII Code of Regulations of CSB Bancorp, Inc.
(incorporated by reference to Registrants Form DEF 14a for the Fiscal Year ended
December 31, 2008).4.0
    
    Specimen stock certificate (incorporated by reference to
Registrants Form 10-SB.11
    
    Statement Regarding Computation of Per Share Earnings (reference is
hereby made to Consolidated Statements of Income on page 4 hereof).31.1
    
    Rule 13a-14(a)/15d-14(a) CEOs Certification31.2
    
    Rule 13a-14(a)/15d-14(a) CFOs Certification32.1
    
    Section 1350 CEOs Certification32.2
    
    Section 1350 CFOs Certification
 22




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##### Table of Contents



CSB BANCORP, INC.(Registrant)Date: May 14, 2010
    /s/ Eddie L. SteinerEddie L. SteinerPresident
Chief Executive OfficerDate: May 14, 2010
    /s/ Paula J. MeilerPaula J. MeilerSenior Vice President
Chief Financial Officer 23




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##### Table of Contents



ExhibitNumber
    
    Description of Document3.1
    
    Amended Articles of Incorporation of CSB Bancorp, Inc.(incorporated by reference to Registrants Form 10-KSB
for the Fiscal Year ended December 31, 1994)3.1.1
    
    Amended form of Article Fourth of Amended
Articles of Incorporation, as effective April 9, 1998(incorporated by reference to Registrants Form 10-k for the
Fiscal Year ended December 31, 1998)3.2
    
    Code of Regulations of CSB Bancorp, Inc.(incorporated by reference to Registrants Form 10-SB)3.2.1
    
    Amended Article VIII Code of Regulations of CSB Bancorp, Inc.(incorporated by reference to Registrants Form DEF 14a for the Fiscal Year
ended December 31, 2008).4
    
    Specimen stock certificate(incorporated by reference to Registrants Form 10-SB)11
    
    Statement Regarding Computation of Per Share
Earnings 
(reference is hereby made to Consolidated Statements of
Income on page 4 hereof.)31.1
    
    Rule 13a-14(a)/15d-14(a) CEOs Certification31.2
    
    Rule 13a-14(a)/15d-14(a) CFOs Certification32.1
    
    Section 1350 CEOs Certification32.2
    
    Section 1350 CFOs Certification
 24